Alphabet (NASDAQ:GOOGL) has outperformed the market over the past 5 years by 10.95% on an annualized basis producing an average annual return of 24.38%. Currently, Alphabet has a market capitalization of $1.68 trillion.
Buying $1000 In GOOGL: If an investor had bought $1000 of GOOGL stock 5 years ago, it would be worth $2,973.07 today based on a price of $2543.93 for GOOGL at the time of writing.
Alphabet's Performance Over Last 5 Years
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
